Blockchain.com Secures FCA Registration, Expanding Regulated Crypto Services in the UK

3 hour ago 5 sources positive

Key takeaways:

  • FCA registration signals growing institutional adoption, potentially boosting BTC and ETH liquidity in the UK market.
  • Regulatory clarity may attract more UK-based investors, increasing demand for compliant crypto services and assets.
  • Watch for other exchanges seeking UK licenses, as competition in regulated markets could intensify.

Blockchain.com, the London-based cryptocurrency services provider, has achieved a significant regulatory milestone by securing registration with the UK Financial Conduct Authority (FCA). Announced on February 10, 2026, this registration authorizes the company to legally operate as a crypto asset business within the United Kingdom, cementing its presence in its home market and setting the stage for expanded institutional and retail growth.

The registration enables Blockchain.com to offer a full suite of regulated services, including brokerage, custodial, and institutional-grade crypto offerings, all in compliance with the FCA's standards. This development follows the company's acquisition of a MiCA (Markets in Crypto-Assets) license last year, which allows it to operate across all 30 European Economic Area countries under a unified framework.

Peter Smith, CEO, Founder and Executive Chairman at Blockchain.com, emphasized the company's deep British roots, stating, "We started this journey in York and grew it in London. We've been part of the UK's tech landscape for over a decade, and we've always believed in the importance of getting this right." He further committed to working closely with the FCA and UK policymakers to help shape the permanent regulatory framework, aiming to keep the UK at the forefront of financial innovation.

Nic Cary, Co-founder and Vice Chairman, highlighted the long-term commitment this registration represents, calling it a move to build responsibly "within one of the world's most respected regulatory environments." The timing is pivotal as the UK government and FCA develop a comprehensive digital asset regulatory regime. Blockchain.com intends to apply for an authorisation gateway opening later in 2026, with the goal of securing full authorisation when the new permanent regime takes effect in 2027.

The FCA registration solidifies Blockchain.com's UK operations in preparation for future financial innovation. Key planned initiatives include offering digital asset custody and wallet services to UK customers, supporting enterprise-grade compliance tools for institutions, expanding brokerage services aligned with FCA standards, and strengthening partnerships with other regulated UK financial entities.

Founded in 2011, Blockchain.com has processed over $1.2 trillion in cryptocurrency transactions and serves more than 90 million wallets globally. This regulatory achievement builds upon its established presence in over 70 jurisdictions worldwide.

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